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BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for S

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Museveni commissions Shs180b Dei Biopharma Starch Plant in Kamuli

Museveni commissions Shs180b Dei Biopharma Starch Plant in Kamuli

President YKT Museveni commissioning a Shs180.49 billion starch processing plant in Namasagali Sub-county, Kamuli District.President Yoweri Museveni on Thursday, November 20, commissioned a Shs180.49 billion starch processing plant in Namasagali Sub-county, Kamuli District.

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Bus driver, 95, makes Guinness World Records for being oldest operator still behind the wheel

Bus driver, 95, makes Guinness World Records for being oldest operator still behind the wheel

The world’s oldest bus driver is still behind the wheel and even getting worldwide attention.Raymond Hagar says every stop is a reminder of why he still works. He’s 95 years old and doesn’t get tired of hitting the city streets.Hagar has driven many route

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Kenzo claims NUP is losing popularity and must rethink its direction

Kenzo claims NUP is losing popularity and must rethink its direction

Singer Eddy Kenzo has stirred political debate after saying the National Unity Platform (NUP) is steadily losing its appeal among Ugandans. In a recent interview, he argued that the party is drifting off course and must reassess its direction if it hopes to recover the influence it once enjoyed.

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BIRDS OF THE SAME FEATHER! As Tycoon Ham Battles ‘Nakivubo Channel Demons’, Brother Haruna Ssentongo Cited in Shs 2.4bn Kisenyi Property Chaos

BIRDS OF THE SAME FEATHER! As Tycoon Ham Battles ‘Nakivubo Channel Demons’, Brother Haruna Ssentongo Cited in Shs 2.4bn Kisenyi Property Chaos

Just as Kampala is still buzzing over tycoon Hamis Kiggundu’s fierce showdown with the so-called “Nakivubo Channel demons”, his brother Haruna Ssentongo has been thrown back into the spotlight — this time over a controversial Shs 2.4 billion property deal that has refused to die since 201

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Three Killed As Gunmen Torch Vehicle In Koboko District

Three Killed As Gunmen Torch Vehicle In Koboko District

Three people were brutally killed in the early hours of Friday after unidentified assailants attacked and set ablaze the Toyota HiAce (commonly known as a Drone) they were travelling in at Diobe Village, Metino Parish, Abuku Sub-county in Koboko District.The 2am attack left the

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TORORO: 15 Teso Youths Rescued From Fake Job Recruiters, Perpetrators Arrested

TORORO: 15 Teso Youths Rescued From Fake Job Recruiters, Perpetrators Arrested

Police Spokesperson, South Bukedi, Johnson Moses Mugwe confirmed the arrestsTORORO15 youths from several Teso districts have been rescued in Tororo Municipality after having been duped to pay for jobs that do not exist.The victims were rescued on Wednesd

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India has the potential to reach $500 billion electronics output by 2030

India has the potential to reach $500 billion electronics output by 2030

New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to

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Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?

Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?

Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on traders and investors alike.Changing tariffs, shifting monetary policies, and persistent tensions are we

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Spice Diana’s former manager Roger Lubega, reportedly arrested amid ongoing fallout

Spice Diana’s former manager Roger Lubega, reportedly arrested amid ongoing fallout

Kampala – Music industry circles were abuzz over the weekend following reports that Roger Lubega, the longtime former manager of Ugandan singer Spice Diana, was allegedly arrested under unclear circumstances. The arrest comes months after the two reportedly ended their working relationship afte

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